Re To Strengthen Further, Premiums May Dip

The rupee is expected to strengthen and hover in a range of 48.75 to 48.85 this week, while forward premiums should come down because of the easy liquidity in the call money market and falling government security yields.

According to the market dealers, while the import demand will be low, there will be good dollar inflow on account of export remittances.

A dealer with a foreign bank said,